Economic Policy

Chazen Global Insights

Government — and democracy — is in crisis. So said John Micklethwait, editor-in-chief of The Economist, in a recent talk titled “Government is Broken, and Big Business Needs to Help Fix It.” The talk was sponsored by the Jerome A. Chazen Institute of International Business and moderated by Glenn Hubbard, dean of Columbia Business School.

Virtually every government policy, intentionally or not, has direct and indirect effects on learning. Developing countries where policymakers are cognizant of these effects are more likely to close the knowledge gap that separates them from the more developed countries.

Newly elected Prime Minister Narendra Modi has said he’ll embrace policies of growth and help India revitalize its future. Two Columbia University professors who are authors of a new award-winning book discussed what's at stake at a recent Chazen Institute event.

Ongoing financial volatility in emerging economies is fueling debate about whether the so-called “Fragile Five” — Brazil, India, Indonesia, South Africa, and Turkey — should be viewed as victims of their excessive integration into global financial markets.